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Question: 16. Real GDP may increase even when total production remains constant because (i) There might be a shift in the economy from household production
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16. Real GDP may increase even when total production remains constant because
(i) There might be a shift in the economy from household production to market production.
(ii) Some illegal market transactions are legalized.
a. (i) only
b. Both (i) and (ii)
c. Neither (i) nor (ii)
d. (ii) only
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